Earnings Release • Nov 18, 2010
Earnings Release
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Ad-hoc | 18 November 2010 08:32
INDUS expects to report double digit EBIT margin again for 2010
INDUS Holding AG / Key word(s): Change in Forecast
18.11.2010 08:32
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Bergisch Gladbach, November 18, 2010 - In light of the excellent business
trend experienced by INDUS Holding AG, management has once more raised its
guidance for Group sales and Group EBIT. According to preliminary
computations, sales in the first nine months of the year came to
approximately EUR 710 million (compared to approximately EUR 561 million in
the prior year), up 27 percent. As a result, earnings before interest and
taxes will almost double and come in at EUR 76 million (compared to just
over EUR 38 million in the prior year).
Based on the positive business trend seen in 2010, management has once
again raised its guidance for the Group EBIT to more than EUR 90 million
(up from the previous guidance of between EUR 75 and 80 million). 2010
Group sales are to rise to clearly more than EUR 900 million (previous
guidance: up to EUR 900 million). This means that INDUS will once again
report an approximately 10 percent EBIT ratio, meaning that EBIT will be
restored to the good pre-crisis levels; in 2008 it was 9.4 percent compared
to 11 percent in 2007.
The guidance published at the start of the year (EUR 800 million in sales,
EBIT between EUR 60 and 70 million) had already been raised twice on 1 July
and on 16 August 2010, respectively.
The company's interim report for the first nine months of the year will be
published on November 25, 2010.
Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail [email protected]
18.11.2010 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Deutschland
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: [email protected]
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Hamburg, München, Berlin, Stuttgart
End of Announcement DGAP News-Service
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